WHERE THE HOUSING MARKET IS HEADED.

التفاصيل البيبلوغرافية
العنوان: WHERE THE HOUSING MARKET IS HEADED.
المؤلفون: BORTZ, DANIEL (AUTHOR)
المصدر: Kiplinger Personal Finance. Apr2024, Vol. 78 Issue 4, p40-47. 7p. 2 Color Photographs, 1 Chart.
مصطلحات موضوعية: *MORTGAGE rates, *HOUSING market, *REAL property, *MORTGAGE guarantee insurance, *INTEREST rates, *INCOME
مستخلص: This document provides a comprehensive overview of the state of the housing market in 2023 and offers insights into the outlook for 2024. It highlights the challenges faced by home buyers in 2023, such as rising mortgage rates and low home supply, which resulted in a significant drop in home sales. The article suggests that the housing market is improving in 2024, with mortgage rates and home supply starting to improve. It provides valuable tips for both buyers and sellers, including staying on top of new listings, finding specialized agents, exploring down payment assistance programs, and utilizing social media for marketing. The document also offers advice on getting pre-approved for a mortgage, shopping around for the best rates, and including a home inspection contingency for buyers. For sellers, it advises against overvaluing the home, improving curb appeal, installing smart home technology, offering concessions, upgrading kitchen amenities, and utilizing social media for marketing. Overall, this document is a valuable resource for anyone interested in the current state and future trends of the housing market. [Extracted from the article]
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قاعدة البيانات: Business Source Index
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